BD SERVICES: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
BD SERVICES
Largest movements
- Tangible fixed assets +€216,039
up €216,039 (+605.1%), from €35,705 to €251,744
- Receivables within one year -€33,197
down €33,197 (-32.3%), from €102,630 to €69,432
of which Trade receivables: -€32,518
- Cash -€4,756
down €4,756 (-17.0%), from €28,046 to €23,290
mainly Investment in fixed assets (net) (-€244,000) and Accrued charges and deferred income (-€40,280)
- Debts after one year +€232,998
new in 2025: €232,998
- Accrued charges and deferred income -€40,280
down €40,280 (-98.9%), from €40,729 to €449
- Trade debts -€34,446
down €34,446 (-47.2%), from €73,024 to €38,578
- Current portion of long-term debt +€30,405
new in 2025: €30,405
- Tax, wage and social debts -€10,947
down €10,947 (-60.4%), from €18,127 to €7,179
of which Remuneration and social security: -€11,433
- Depreciation +€27,666
up €27,666 (+9375.7%), from €295 to €27,961
- Financial charges +€11,756
up €11,756 (+17726.1%), from €66 to €11,822
- Taxes -€6,693
no longer reported in 2025 (was €6,693)
- Gross operating margin +€6,326
up €6,326 (+17.2%), from €36,707 to €43,033
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €166,380 | €344,995 | +€178,615 | +107.4% |
| Fixed assets | 21/28 | €35,705 | €251,744 | +€216,039 | +605.1% |
| Tangible fixed assets | 22/27 | €35,705 | €251,744 | +€216,039 | +605.1% |
| Furniture and vehicles | 24 | €35,705 | €251,744 | +€216,039 | +605.1% |
| Current assets | 29/58 | €130,676 | €93,252 | -€37,424 | -28.6% |
| Amounts receivable within one year | 40/41 | €102,630 | €69,432 | -€33,197 | -32.3% |
| Trade receivables | 40 | €93,833 | €61,315 | -€32,518 | -34.7% |
| Other amounts receivable | 41 | €8,797 | €8,118 | -€679 | -7.7% |
| Cash at bank and in hand | 54/58 | €28,046 | €23,290 | -€4,756 | -17.0% |
| Deferred charges and accrued income | 490/1 | - | €529 | +€529 | |
| Total equity and liabilities | 10/49 | €166,380 | €344,995 | +€178,615 | +107.4% |
| Equity | 10/15 | €31,653 | €34,908 | +€3,255 | +10.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,653 | €32,908 | +€3,255 | +11.0% |
| Amounts payable | 17/49 | €134,728 | €310,088 | +€175,360 | +130.2% |
| Amounts payable after more than one year | 17 | - | €232,998 | +€232,998 | |
| Financial debts | 170/4 | - | €232,998 | +€232,998 | |
| Amounts payable within one year | 42/48 | €93,999 | €76,641 | -€17,358 | -18.5% |
| Current portion of amounts payable after more than one year | 42 | - | €30,405 | +€30,405 | |
| Trade debts | 44 | €73,024 | €38,578 | -€34,446 | -47.2% |
| Suppliers | 440/4 | €73,024 | €38,578 | -€34,446 | -47.2% |
| Taxes, remuneration and social security | 45 | €18,127 | €7,179 | -€10,947 | -60.4% |
| Taxes | 450/3 | €6,693 | €7,179 | +€486 | +7.3% |
| Remuneration and social security | 454/9 | €11,433 | - | -€11,433 | |
| Other amounts payable | 47/48 | €2,848 | €479 | -€2,369 | -83.2% |
| Accrued charges and deferred income | 492/3 | €40,729 | €449 | -€40,280 | -98.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €295 | €27,961 | +€27,666 | +9375.7% |
| Gross operating margin | 9900 | €36,707 | €43,033 | +€6,326 | +17.2% |
| Operating profit (loss) | 9901 | €36,412 | €15,072 | -€21,340 | -58.6% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €66 | €11,822 | +€11,756 | +17726.1% |
| Recurring financial charges | 65 | €66 | €11,822 | +€11,756 | +17726.1% |
| Profit (loss) for the period before taxes | 9903 | €36,346 | €3,255 | -€33,091 | -91.0% |
| Income taxes | 67/77 | €6,693 | - | -€6,693 | |
| Profit (loss) for the period | 9904 | €29,653 | €3,255 | -€26,398 | -89.0% |
| Profit (loss) for the period to be appropriated | 9905 | €29,653 | €3,255 | -€26,398 | -89.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.